Shiba Inu: Could Binance Listing Take Bone to the Moon?
With the recent launch of Shibarium, two crypto tokens are expected to benefit from the hype surrounding the Shiba Inu community.
One of them is Shiba Inu (SHIB), while the other is Bone.
Getting listed on Binance is a major milestone for tokens in the cryptocurrency industry, but it involves meeting specific criteria set by the CZ-led firm.
Although it is still just a rumor, there are indications that Bone is currently being listed on Binance. However, there has been no official confirmation of this.
A petition has been circulating in the Shiba Inu community requesting Binance to list Bone on its exchange, which has garnered over 2,000 signatures.
If Bone does get listed on Binance, the community expects the price of the token to rise significantly, as assets listed on major exchanges often experience a surge in price. Currently, Bone is trading at $1.91, with a 30% increase in the past 7 days.
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If this bullish momentum continues, Bone could reach $2, and with the introduction of Shibarium, it could even reach $3 by the end of 2023, although market volatility will be a determining factor.
Currently, Bone is ranked 94th in terms of market capitalization, with a value of $438,377,097.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
